SOLV Energy (MWH)
Builds and maintains utility-scale solar, storage and grid infrastructure.
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Builds utility-scale solar, battery-storage, high-voltage and transmission infrastructure, then earns long-term service revenue through operations, maintenance, monitoring and upgrades. Revenue is dominated by fixed-price new construction, tying results to project awards, execution and customers' ability to finance development.
Designs, procures and builds utility-scale solar, battery-storage, high-voltage and transmission infrastructure for developers, independent power producers and utilities across the United States. Work spans engineering, civil, mechanical and electrical construction, testing, commissioning and substation interconnections. Long-term operations, maintenance, remote monitoring, controls, upgrades and repowering extend the role after a plant enters service.
Connects construction experience with data gathered from its control center and field work to inform equipment selection, designs and delivery. Revenue is primarily tied to new, fixed-price construction awards, while long-term O&M adds recurring service work. Customer project financing, permits, renewable-policy conditions, equipment availability, labor, bonding and project execution shape the operating model.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 14, 2026 | CIBC | Reiterate | Rating: —Target: — | Target: $42 |
| Aug 14, 2026 | Robert W. Baird | Target | Target: — | Target: $42 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $364.0M · Total debt $83.6M · Total assets $2.13B · Shareholders' equity $496.8M
- Revenue
- $951.2M
- Operating income
- $69.7M
- Net income
- $37.0M
No dividends on record.
| Institutions | 106.04% | 130.06M shares | |
|---|---|---|---|
| 179 holders · as of Jun 30, 2026 | |||
| Adds to | 106.04% | ||
122.65M company shares as of Aug 24, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 106.04%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
American Securities LLCInstitution | 67.61% | 82.92M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 2.26% | 2.77M | as of Jun 30, 2026 |
Robeco Schweiz AGInstitution | 2.15% | 2.64M | as of Jun 30, 2026 |
Driehaus Capital Management LLCInstitution | 1.94% | 2.38M | as of Jun 30, 2026 |
Fred Alger Management, LLCInstitution | 1.85% | 2.27M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- MasTec
Utility-scale solar, storage and grid EPC at national scale.
- Primoris Services
Utility-scale solar EPC, battery storage and power delivery.
- Quanta Services
Renewable EPC, O&M and high-voltage infrastructure at scale.
- MYR Group
Substation and T&D construction for renewable interconnections.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SOLV Energy | $25.84 | −2.40% | $3.25B | 110.3 | 16.5 | 1.0 | — |
| MasTec | $217.51 | −1.89% | $17.80B | 35.4 | 19.6 | 1.1 | +23.4% |
| Primoris Services | $74.65 | −2.19% | $4.14B | 30.0 | 18.8 | 0.6 | −10.7% |
| Quanta Services | $641.98 | −0.10% | $96.61B | 73.6 | 35.7 | 2.9 | +41.1% |
| MYR Group | $290.66 | +0.56% | $4.50B | 27.5 | 22.6 | 1.1 | +20.2% |
| Median | 32.7 | 21.1 | 1.1 | +21.8% |